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Bharti & HLL ....is best pick !!!

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  #41  
Old 1st March 2007, 09:50 AM
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Default Re: Bharti & HLL ....is best pick !!!

Quote:
Originally Posted by uasish View Post
Sarfarazd,
As there is a "Falling Window",hence we know the upside in HLL short term is 184.75 (atleast).Due to massive Intraday down swing (all data input for my indicators/oscillators are skewd hence they are yet to give buy signals)but yesterday's intraday chart observations in PIB has ensured entering today may be profitable (a calculated risk).Hence i would initiate a SL Buy @ 168.00 in 9.56am for 50% qty.You may enter below 170.00 so as to make an avg of 186.00.Liquidate whole qty of this 2nd Entry + some qty of 1st Entry @ 184.45.Dont worry we will get HLL again way below this 165/= Low within few weeks.Dont panic if the mkt opens red ,rather ,then only we would be able to enter at 168.00 or below,here is a place we r taking a calculated risk for cathing a falling knife for averaging & if it does not indicate to close above 171.00 at 3.27 i may book intraday loss.

Asish
Thanks Uashish....

I have configured my PIB to buy at 168 but now it is 176...and as chances are of market recovery today ..m not sure to get ....

Regards
Sarfaraz
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  #42  
Old 1st March 2007, 10:26 AM
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Default Re: Bharti & HLL ....is best pick !!!

Sarfarazd,
Wait patiently your entry below 170.00 can only give you a less riky avg point as per Risk/Reward module of money mgmt. becoz your SL has to be below 163.00 .

Asish
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  #43  
Old 1st March 2007, 10:33 AM
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Default Re: Bharti & HLL ....is best pick !!!

volume is very High & broken initial opening Low,hence wait.
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  #44  
Old 1st March 2007, 10:36 AM
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Default Re: Bharti & HLL ....is best pick !!!

ashish r u saying get @168 with sl at 163
i am following this as i am also stuck with 50 shares @225 bought long back as since then price hasnt gone up
i would like to follow this too
thnaks
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  #45  
Old 1st March 2007, 10:48 AM
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Default Re: Bharti & HLL ....is best pick !!!

Sarfarzd,
See the recovery from 173.50 (low posted after breaking 175.00) was 2/= & again weakness developing hence there is good probability that our SL buy order at 168.00 is going to be filled.
adec1023 : Actually both sarfazd & self are tracking this stock regularly,& the SL is for Sarfazd only (keeping in mind his 1st entry pt.) My SL today would be different .

Asish
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  #46  
Old 1st March 2007, 11:02 AM
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Default Re: Bharti & HLL ....is best pick !!!

Look the Fut premium is coming down, the 2nd recovery attempt at 10.49 from 173.20 is with less vol ,now at 11am these vol spikes are -ve vol.
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  #47  
Old 1st March 2007, 11:06 AM
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Default Re: Bharti & HLL ....is best pick !!!

Quote:
Originally Posted by uasish View Post
volume is very High & broken initial opening Low,hence wait.
Thanks Ashish,

Ok will not enter below 170 but want to pick bharti at entry level below 700...what do u suggest

Regards
Sarfaraz
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  #48  
Old 1st March 2007, 11:06 AM
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Default Re: Bharti & HLL ....is best pick !!!

Again the Low is broken,but dont panic we will enter at 168.00 these Shorts will act as cushion for us (becoz they will cover).Low is again broken.
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  #49  
Old 1st March 2007, 11:08 AM
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Default Re: Bharti & HLL ....is best pick !!!

Quote:
Originally Posted by adec1023 View Post
ashish r u saying get @168 with sl at 163
i am following this as i am also stuck with 50 shares @225 bought long back as since then price hasnt gone up
i would like to follow this too
thnaks

Hi ,

Good to see companion for HLL too....

Regards
Sarfaraz
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  #50  
Old 1st March 2007, 11:12 AM
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Default Re: Bharti & HLL ....is best pick !!!

Quote:
Originally Posted by uasish View Post
Again the Low is broken,but dont panic we will enter at 168.00 these Shorts will act as cushion for us (becoz they will cover).Low is again broken.


ok.....i will wait till you indicate....
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